NERC Sets New Reform Agenda as Nigeria’s Power Sector Enters Next Phase
The Nigerian Electricity Regulatory Commission (NERC) says it is preparing a fresh wave of reforms aimed at improving consumer protection, boosting investment, and supporting Nigeria’s transition to cleaner energy.
The Commission revealed the plan as part of activities marking its 20 years of overseeing the country’s electricity industry. Rather than merely celebrating the milestone, NERC said the focus will be on outlining a strategy that addresses persistent sector challenges, including unstable supply, tariff disputes, and metering gaps.
Established in October 2005, NERC has overseen major restructuring in the power sector — from the breakup of the national power utility to the privatisation of generation and distribution companies. Officials say the next phase will prioritise stronger regulations to enforce service delivery and encourage investment in modern energy infrastructure.
“This isn’t just a celebration; it’s a recommitment to a more reliable and consumer-friendly electricity market,” NERC Vice Chairman, Dr Musiliu Oseni, said.
As part of the programme, NERC will hold technical and stakeholder sessions where government officials, developers, and consumer advocacy groups will examine new industry expectations and hurdles. The Commission noted that the discussions will play a key role in shaping policies for the next decade, especially in renewable energy integration and market transparency.
According to NERC, its long-term mission remains ensuring affordable, stable power for Nigerians while maintaining a fair operating environment for investors.
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